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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.2
1973 No. 31

Applications and Reports Received or Acted on
During the Week Ending August 4, 1973

District

4




Date
Current Report Filed Pursuant to Section 13
of the Securities Exchange Act
Received
The Barter Bank & Trust Company, Canton, Ohio
* * *

-k

8-2-73

*

Proxy Statement (Special Meeting) Filed Pursuant
to Section 14(a) of the Securities Exchange Act
Received
Mountain Trust Bank, Roanoke, Virginia

7-30-73

* * * * *

Ownership Statement Filed Pursuant to Section 13(d)
of the Securities Exchange Act
Received
The Fifth Third Bank, Cincinnati, Ohio
(Filed by Cincinnati Financial Corporation)
* * * * *

7-30-73

H.2
1973 No. 31
To Withdraw from Membership in the Federal Reserve
System Without a Six-Month Notice as Prescribed by
Section 9 of the Federal Reserve Act
Received
State Bank of Gerro Gordo, Cerro Gordo, Illinois
* * * * *

2

6

12

1

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Manufacturers Hanover Trust Company, New York, New York.
Branch to be established at the Northwest corner
of Stewart Avenue and South Street, Garden City
East (Unincorporated Area), Town of Hempstead, Nassau
County.
Bank of West Blocton, West Blocton, Alabama. Branch to
be established in the Woodstock or Greenpond Communities
of Bibb County.
Washington Trust Bank, Spokane, Washington. Branch to
be established at West 105 Eighth Avenue, Spokane.
Approved
*The Connecticut Bank and Trust Company, Hartford, Connecticut.
Branch to be established in the vicinity of Queen
Street and Church Hill Road, Newton.
* * * * *

*Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.




H.2
1973 No. 31

2

- 3 To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
Bankers Trust Company, New York, New York. To establish
a branch in Georgetown, Grand Cayman, Cayman Islands.

2

Marine Midland Bank-New York, New York City, New York.
establish a branch in Tokyo, Japan.

6

The Hibernia National Bank in New Orleans, New Orleans,
Louisiana. To establish a branch in Georgetown, Grand
Cayman, Cayman Islands.

6

The First National Bank of Birmingham, Birmingham, Alabama.
To establish a branch in Georgetown, Grand Cayman,
Cayman Islands.

12




To

Approved
First National Bank of Oregon, Portland, Oregon. To
establish a branch in Georgetown, Grand Cayman, Cayman
Islands.

Thirty Day Notice of Intention to Establish An
Additional Branch in a Foreign Country
Received
First National City Bank, New York, New York. To establish
an additional branch in Colombia to be located at
Barranquilla,
Approved
First National City Bank, New York, New York. To establish
an additional branch in Barbados to be located in Holetown.
First National City Bank, New York, New York.
an additional branch in Managua, Nicaragua.

To establish

First National City Bank, New York, New York, To establish
an additional branch in Haiti at Port-au-Prince.
* * * * *

>

H.2
1973 No. 31

2

- 4 To Organize, or Invest in, a Corporation Doing
Foreign Banking and Other Foreign Financing Pursuant
To Section 25 or 25(a) of the Federal Reserve Act
Received
Bankers Trust Company, New York, New York. To organize
a corporation to be known as Bankers Trust International
Corporation in Houston, Texas.
* * * * *

4




To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Received
The Farmers State'Bank of Lyons, Ohio, Lyons, Ohio
for prior approval to merge with The Peoples Savings
Bank Company, Delta, Ohio,
* Vc -k •>'<" *




To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Received
First Dundee Corporation, Chicago, Illinois, for
prior approval to acquire 92.5 per cent of the
voting shares of The First National Bank of
Dundee, Dundee, Illinois.
Norbank, Inc., Chicago, Illinois, for prior approval
to acquire 98.9 per cent of the voting shares of
Northbrook Trust & Savings Bank, Northbrook,
Illinois.
West Dakota Corporation, Lead, South Dakota, for
prior approval to acquire 84.78 per cent or more
of the voting shares of Miners and Merchants Bank,
Lead, South Dakota.
Approved
Citizens Bancshares Corporation, Atlanta, Georgia,
for prior approval to acquire 100 per cent of the
voting shares (less directors1 qualifying shares)
of the successor by merger to Citizens Trust
Company, Atlanta, Georgia.
Mid-America Fidelity Corporation, Ann Arbor, Michigan,
for prior approval to acquire 100 per cent of the
voting shares of the successor by merger to Ann
Arbor Bank, Ann Arbor, Michigan„
First Bancshares, Incorporated, Bartlesville,
Oklahoma, for prior approval to acquire 100 per cent
(less directors' qualifying shares) of the voting
shares of the successor by merger to First National
Bank in Bartlesville, Bartlesville, Oklahoma.
The Bancapital Financial Corporation, Austin, Texas,
for prior approval to acquire 100 per cent of the
voting shares (less directorsT qualifying shares)
of the successor by merger to The Capital National
Bank in Austin, Austin, Texas.
Trinity Development Company, Liberty, Texas, for
prior approval to acquire an addition 22.9 per cent
of the voting shares of The First Liberty National
Bank, Liberty, Texas.




To Expand a Bank Ho Ming Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Received
Northeast Eankshare Association, Lewiston, Maine,
for prior approval to acquire at least 80 per
cent of the voting shares of Sanford Trust Company,
Sanford, Maine.
Central National Corporation, Richmond, Virginia,
for prior approval to acquire 100 per cent of the
voting shares of the successor by merger to City
Savings Bank and Trust Company, Petersburg, Virginia.
Ellis Banking Corporation, Bradenton, Florida, for
prior approval to acquire 100 per cent of the voting
shares (less directorsT qualifying shares) of
Commercial Bank of Sarasota, Sarasota, Florida, a
proposed new bank.
First Wisconsin Bankshares Corporation, Milwaukee,
Wisconsin, for prior approval to acquire 80 per cent
or more of the voting shares of First Wisconsin
Bank of West Green Bay, Ashwaubenon, Wisconsin,
a proposed new bank.
Approved
American Bancshares, Incorporated, North Miami, Florida
for prior approval to acquire at least 90 per cent
of the outstanding voting shares of The Seminole
Bank of Tampa, Tampa, Florida.
American Bancshares,
for prior approval
of the outstanding
Bank, Gainesville,

Incorporated, North Miami, Florida
to acquire at least 80 per cent
voting shares of University City
Florida.

First Amtenn Corporation, Nashville, Tennessee, for
prior approval to acquire 80 per cent or more of
the voting shares of The First National Bank of
Tullahoma, Tullahoma, Tennessee.
Third National Corporation, Nashville, Tennessee, for
prior approval to acquire 100 per cent of the voting
shares of the successor by merger to The Union Bank,
Pulaski, Tennessee.




Approved Continued

Northwest Bancorporation, Minneapolis, Minnesota,
for prior approval to acquire 90 per cent or
more of the voting shares of Bettendorf Bank
and Trust Company, Bettendorf, Iowa.
Northwest Bancorporation, Minneapolis, Minnesota,
for prior approval to acquire 90 per cent or
more of the voting shares of Security State
Bank, Keokuk, Iowa.
First Bancorp, Inc., Corsicana, Texas, for prior
approval to acquire 1200 shares of the voting
shares through a rights offering by First National
Bank, Fairfield, Texas (formerly The First National
Bank of Streetman, Streetman, Texas).
* * * * *

To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Approved
Atlantic Bancorporation, Jacksonville, Florida, for
prior approval to merge with Citizens Bancshares
of Florida, IncHollywood, Florida.
* * * * *

To Expand a Bank Holding Company Pursuant to Section
4(c)(8) of the Bank Holding Company Act of 1956
Received
First Jersey National Corporation, Jersey City, New
Jersey, for prior approval to acquire the assets
of Delaney Finance Co., Inc., Providence, Rhode
Island.

H.2
1973 No, 31

- 8
Received Continued
**First National City Corporation, New York, New
York, notification of intent to engage in de
novo activities (making consumer installment
personal loans, purchasing consumer installment
sales finance contracts; and acting as broker
for the sale of consumer credit related lifeaccident and health insurance and consumer
credit related property and casualty insurance;
if this proposal is effected, Nationwide
Financial Corporation of Florida will offer to
sell insurance as follows: (a) group credit
life-accident and health insurance to cover
the outstanding balances of loans to borrowers
in the event of their death or to make contractual
monthly payments on the loans in the event of
xthe borrowers disability, (b) individual casualty
insurance on property, generally automobiles
and household goods, subject to security agreements with Nationwide; further in regard to the
sale of credit related insurance, Nationwide
Financial Corporation of Florida will not offer
insurance counseling) in Tampa, Florida, through
a subsidiary, Nationwide Financial Corporation
of Florida.

7-24-73

3

**FidelIty Corporation of Pennsylvania, Rosemont,
8- 1-73
Pennsylvania, notification of intent to shift a
de novo activity (commercial financing) from its
subsidiary bank, The Fidelity Bank, to a new office
of its subsidiary, Commercial Capital Corporation,
in Philadelphia, Pennsylvania.

3

**Fidelity Corporation of Pennsylvania, Rosemont,
Pennsylvania, notification of intent to engage
in de novo activities (making or acquiring, for
its own account or for the account of others,
loans and other extensions of credit, including
issuing letters of credit and accepting drafts,
such as would be made for example, by a mortgage,
finance, credit card, or factoring company, with
particular emphasis on arranging for loans or
other extensions of credit, for the account of
others, on a placement or finder?s fee basis;

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




7-30-73

H.2
1973 No. 31

- 9 Received Continued
servicing loans and other extensions of credit
for any person; and activities within the
''servicing" exemption of Section 4(c)(1)(c) of
the Bank Holding Company Act including the
development of business for Fidelity and its
subsidiaries) through a subsidiary to be known
as CCT-Financial Services Corporation, New Haven,
Connecticut.

4

Union Commerce Corporation, Cleveland, Ohio, for
prior approval to acquire 100 per cent of the
outstanding shares of Bjork Associates, Inc.,
New York, New York.

5

**Bank of Virginia Company, Richmond, Virginia,
notification of intent to engage in de novo
activities (making loans or extensions of credit
such as would be made by a finance company;
and acting as agent for credit life, accident
and health insurance arising out of business
conducted) through its subsidiary, The Budget
Plan Company of Virginia (a subsidiary of
General Finance Service Corporation), in a new
location, Hopewell, Virginia.

7-31-73

5

**Dominion Bankshares Corporation, Roanoke, Virginia,
notification of intent to engage in de novo
activities (originating residential, commercial,
and industrial mortgage loans, for its own account
but principally for sale to others; servicing such
loans for others; and writing, as agent, credit
life, credit accident and health, and mortgage
redemption insurance in connection with such
mortgage loans) through its subsidiary, Metropolitan
Mortgage Fund Inc., in a new location, Virginia
Beach, Virginia.

7-30-73

5

First Bankshares Corp. of S.C., Columbia, South
Carolina, for prior approval to acquire all the
shares of August Kohn & Company, Incorporated,
Columbia, South Carolina.

5

First Bankshares Corp. of S.C., Columbia, South
Carolina, for prior approval to acquire all the
shares of Stevenson, Zimmerman & Co., Charleston,
South Carolina.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.



H.2
1973 No. 31
6

- 10 Received Continued
**Community Banks of Florida, Inc., Seminole, Florida,
notification of intent to engage in a de novo
activity (acting as investment adviser for
Community Investors of Florida, a real estate
investment trust) through a subsidiary McCormick
Mortgage Advisors, Inc., in St. Petersburg,
Florida.

8-2-73

6

**First National Holding Corp., Atlanta, Georgia,
notification of intent to engage in de novo
activities (leasing personal property and
equipment, or acting as agent, broker or adviser
in leasing of such property; and making or
acquiring, for its own account or for the account
of others, loans and other extensions of credit)
in Atlanta, Georgia, through its subsidiary,
First South Leasing Company.

8-2-73

6

**Third National Corporation, Nashville, Tennessee,
notification of intent to engage in de.novo
activities (making of installment loans directly
to borrowers and discounting of installment notes
receivable issued to dealers by purchasers; and
acting as insurance agent or broker in selling
insurance to borrowers from such finance
subsidiary, to include credit life insurance,
accident and health insurance, and property damage
insurance for collateral supporting loans made
by such finance subsidiary) through its subsidiary,
Friendly Finance, Incorporated, in Starkville,
Mississippi.

7-30-73

6

**Third National Corporation, Nashville, Tennessee,
notification of intent to engage in de novo
activities (conducting the business of a mortgage
company including the making or acquiring, for
its own account or for the account of others,
loans and others extensions of credit; servicing
loans and other extensions of credit for any person;
and to act as agent or broker in the sale of mortgage
redemption insurance and credit life, accident and
health insurance) through its subsidiary, John W.
Murphree Company, in Chattanooga, Tennessee.

8-1-73

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.


http://fraser.stlouisfed.org/
Federal
I Reserve Bank of St. Louis

I

H.2
1973 No. 31
7

- 11 Received Continued
Twin Gates Corporation, Wilmington, Delaware and
Northern States Bancorporation, Inc., Detroit,
Michigan, for prior approval to acquire all of
the shares of Kelly Mortgage and Investment
Company, Flint, Michigan.

8

**First Tennessee National Corporation, Memphis,
Tennessee, notification of intent to engage in
de novo activities (making or acquiring, for
its own account, interest-bearing and discount
loans and other extensions of credit; and offering
through the direct insurer or reinsurer, insurance
that is directly related to an extension of credit
by a company or its subsidiaries) in St. Freeport,
Illinois, through its subsidiary, Crown Finance
Corp., St. Louis, Missouri.

9

Jacob Schmidt Company and American Bancorporation,
Inc., both of St. Paul, Minnesota, for prior
approval to acquire 100 per cent of the outstanding stock of Lake City Agency, Inc., Lake
City, Minnesota.

11

First Texas Bancorp, Inc., Georgetown, Texas, for
permission to retain all the shares of First
Texas Development Corporation, Georgetown, Texas.

12

**First Security Corporation, Salt Lake City, Utah,
notification of intent to relocate de novo
activities (making or acquiring, for its own
account or for the account of others, loans and
other extensions of credit such as are normally
made by a mortgage company; and servicing such
accounts for itself and for others) from 917 West
Idaho Street, Boise, Idaho, to 6431 Fairview
Avenue, also known as Unit No. 101, Linda Vista
Plaza Shopping Center, Boise, Idaho, through its
subsidiary, Utah Mortgage Loan Corporation.

8-3-73

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




i

7-30-73

H.2
1973 No. 31
12

- 12 Received Continued
**Utah Bancorporation, Salt Lake City, Utah, notification
of intent to engage in a de novo activity (making
or acquiring, for its own account or for the accounts
of others, loans and other extensions of credit,
including issuance of letters of credit and accepting drafts, such as would be made by a mortgage
company; and servicing loans and other extensions of
credit for any person) in Salt Lake City, Utah,
through its subsidiary, Valley Mortgage Corporation.
Approved
Deposit Guaranty Corp., Jackson, Mississippi, for
prior approval to acquire all the voting shares of
Bridges Loan & Investment Company, Inc., Jackson,
Mississippi.

6

Tennessee Valley Bancorp, Inc., Nashville, Tennessee,
for prior approval to acquire 90 per cent or more
of the voting shares of Kimbrough-Kavanaugh and
Associates, Inc., Nashville, Tennessee.

6

12

Patagonia Corporation, Tucson, Arizona, for prior
approval to acquire Western America Insurance
Agency, Phoenix, Arizona.
Denied
Bankers Trust New York Corporation, New York, New York,
for prior approval to acquire all of the voting
shares of Public Loan Company, Inc., Binghamton,
New York.

2

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




"i

7-16-73

H. 2
1973 No. 31
1

-13Permitted
**First National Boston Corporation, Boston,
Massachusetts, to engage in a de novo activity
(providing bookeeping or data processing services
for the internal operations of First National
Boston Corporation and its subsidiaries, storing
and processing banking, financial, or related
economic data, such as performing payroll, accounts
receivable or payable, or billing services for
others, and providing all such other services and
engaging in all such other activities as are
incidental to any of the foregoing) in Boston,
Massachusetts, through subsidiaries to be known as
First Bank Data Services and FBC, Inc.

8- 2-73

1

^Industrial National Corporation, Providence, Rhode
Island, to engage in de novo activities (consumer
finance; insurance underwriting of credit life
insurance and credit accident and health insurance;
and insurance agency or brokerage in connection with
selling to consumer finance borrowers credit life
insurance, credit accident and health insurance, and
property damage insurance for collateral securing
loans made to borrowers) at a new office in Buford,
Georgia, through its subsidiary, Southern Discount
Company.

7-30-73

1

**Industrial National Corporation, Providence, Rhode
Island, to engage in de novo activities (consumer
finance; insurance underwriting of credit life
insurance and credit accident and health insurance;
and insurance agency or brokerage in connection with
selling to consumer finance borrowers credit life
insurance, credit accident and health insurance, and
property damage insurance for collateral securing
loans made to borrowers) at a new office in Newnan,
Georgia, through its subsidiary, Southern Discount
Company.

8- 3-73

**State Street Boston Financial Corporation, Boston,
Massachusetts, to engage in a de novo activity
(mortgage banking) at an office in Boston,
Massachusetts, through a subsidiary to be known
as SSB Mortgage Company, Inc.

8- 4-73

1

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




H.2
1973 No. 31
2

- 14 Permitted Continued
**First National City Corporation, New York, New York,
to engage in de novo activities (making consumer
installment personal loans, purchasing consumer
installment sales finance contracts; and acting
as broker for the sale of consumer credit related
life-accident and health insurance and consumer
credit related property and casualty insurance;
if this proposal is effected, Nationwide Financial
Corporation of Missouri will offer to sell insurance
as follows: (a) group credit life-accident and
health insurance to cover the outstanding balances
of loans to borrowers in the event of their death,
or to make the contractual monthly payments on
the loans in the event of the borrowers disability,
(b) individual casualty insurance on property,
generally automobiles and household goods,
subject to security agreements with Nationwide;
further in regard to the sale of credit related
insurance, insurance counseling will not be offered)
in St. Charles, Missouri, through a subsidiary,
Nationwide Financial Corporation of Missouri,

8- 1-73

3

**Heritage Bancorporation, Cherry Hill, New Jersey,
to engage in de novo activities (making or acquiring,
for its own account or for the account of others,
loans secured by projects, or vacant land; servicing
of mortgage loans, for its own account and for the
account of others, including conventional, FHA,
VA and commercial loans; and acting as sales agent
for credit life insurance and credit accident
and health insurance on mortgage loans originated
or serviced by the company) in Camden, New Jersey,
through a subsidiary to be known as Heritage
Mortgage Finance Company.

8- 4-73

5

**Bank of Virginia Company, Richmond, Virginia, to
relocate de novo activities (making loans or
extensions of credit such as would be made by
a finance company; and acting as agent for credit
life, accident and health insurance and other
insurance written to protect collateral during
the period of credit extension) operating under
the name Budget Plan Consumer Discount Company
of Harrisburg, from 5 North Market Square,
Harrisburg, Pennsylvania, to Union Deposit Mall,
Union Deposit Road, Harrisburg, Pennsylvania,
through its subsidiary, General Finance Service
Corporation.

8- 1-73

**4(.c) (8) and 4(c) (12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




H.2
1973 No. 31
5

- 15
Permitted Continued
**First & Merchants Corporation, Richmond, Virginia,
to engage in de novo activities (making mortgage
loans principally secured by second mortgages on
residential and commercial real estate and such
other incidental activities as may be necessary
to the business of making such loans, including
acting as agent for the sale of credit life,
credit disability, mortgage redemption and
mortgage cancellation insurance in connection
with the making of such loans) through its
subsidiary, First Realty Mortgage Corporation,
at a new location in Newport News, Virginia.

8- 3-73

5

**First Virginia Bankshares Corporation, Falls Church,
Virginia, to engage in d£ novo activities (operating
as a finance company, including the extension
of small personal loans; financing retail instalment
sales; granting real estate loans, primarily second
mortgage loans; and acting as agent or broker in
the sale of property insurance, credit life insurance
and credit accident and health insurance only to
its loans customers) through its subsidiary, First
General Financial Services, Inc. (formerly Benson
Investment Corporation), at a new location in
Jackson, Mississippi.

7-28-73

5

**First Virginia Bankshares Corporation, Falls Church,
Virginia, to engage in de novo activities (operating
a finance company, including the extension of
small personal loans; financing retail instalment
sales; granting real estate loans, primarily second
mortgage loans; and acting as agent or broker in
the sale of property insurance, credit life insurance
and credit accident and health insurance only to
its loan customers) through its subsidiary, First
General Financial Services, Inc. (formerly Benson
Investment Corporation), at a new location in
Mauldin, South Carolina.

8- 2-73

**4 (c)(8) and 4 (c)(12) notifications .processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




H.2
1973 No. 31
6

-16Permitted Continued
**First Amtenn Corporation, Nashville, Tennessee,
to engage in a de novo activity (acting as agent
or broker in selling the following types of
insurance to borrowing customers in connection
with loans made by Atlantic Discount Company,
Inc., and its subsidiaries: credit indemnity
insurance, which protects both the lender and
the borrower in the event the collateral is
insufficient to satisfy a loan upon default;
and errors and omissions insurance which protects
both the lender and the borrower to the extent
that collateral is not covered by specific
insurance because no specific insurance or invalid
or insufficient insurance exists) in Jacksonville,
Florida, through its subsidiary, Atlantic
Investment Corp.

7-29-73

6

**First National Holding Corp., Atlanta, Georgia,
to engage in a de novo activity (making loans
principally secured by second mortgages on single
family residences, for its own account) through
its subsidiary, First South Homeowners Co., Inc.,
in Mobile, Alabama.

7-29-73

6

**First at Orlando Corporation, Orlando, Florida,
to engage in a de novo activity (serving as the
advisory company for a mortgage or real estate
investment trust; serving as investment adviser,
as defined in Section 2(a)(20) of the Investment
Company Act of 1940, to an investment company
registered under that Act; furnishing general
economic information and advice, general economic
statistical forcasting services and industry studies;
and providing financial advice to State and local
governments, such as with respect to the issuance
of their securities) in Orlando, Florida, through
its subsidiary, Invescap of Florida, Inc.

8- 4-73

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




*1

H.2
1973 No. 31
6

- 17 Permitted Continued
**Third National Corporation, Nashville, Tennessee>
8- 2-73
to relocate activities engaged in de novo (making
of installment loans to borrowers and discounting
of installment notes receivable issued to dealers
by purchasers; and acting as insurance agents or
broker in selling credit life insurance, accident
and health insurance, and property damage insurance
for collateral supporting loans made by such finance
subsidiary) from 77608 S. Penn, Oklahoma City,
Oklahoma, to 1516 S.W. 59, Oklahoma City, Oklahoma,
through its subsidiary, Friendly Finance, Incorporated.

7

^Continental Illinois Corporation, Chicago, Illinois,
8- 4-73
to engage directly in de novo activities (making
or acquiring, for its own account or for the account
of others, secured or unsecured loans and other
extensions of credit to or for business, governmental
and other institutional customers, entities or
projects and to or for other customers, entities
(including not-for-profit organizations) or projects
similar to any of the foregoing, in principal
amounts not less than $100,000 for any transaction
or group of related transactions comprising any
one financial accommodation, including issuing letters
of credit, undertaking secondary obligations similar
in effect thereto and accepting drafts); and servicing
loans and other extensions of credit for others) in
Chicago, Illinois.

7

**Marshall & Ilsley Corporation, Milwaukee, Wisconsin,
to engage in de novo activities (originating,
acquiring, selling and servicing residential and
commercial mortgage loans as well as making
construction and development mortgage loans and
performing such other incidental activities
necessary to conduct a mortgage banking business)
through a subsidiary, M & I Mortgage Co., Inc.,
Milwaukee, Wisconsin.

**4(c)(8) and 4(c)(12) notifications .processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




8- 2-73

H.2
1973 No. 31
8

10

12

1

-18Permitted Continued
**T G Bancshares Co., St. Louis, Missouri, to engage
7-30-73
in a de novo activity (establishing and operating
a computer service center which will: provide
data processing and bookkeeping services for
participating investor banks, the internal operations
of the holding company, its subsidiaries, correspondent
banks and/or unrelated participating banks; store
and process other banking, financial or related
economic data; furnish facilities and operating
personnel to the data processing program; and/or
carry on permissible incidental activities to the
extent excess computer time and facilities are
available) through acquisition and/or retention
of shares of Financial Computing Corporation of
Cameron, Cameron, Missouri, by Financial Computing
Corporation of Missouri, a direct subsidiary of
T G Bancshares Co.
**Guaranty Loan and Investment Corporation of Tulsa,
Inc., Tulsa, Oklahoma, to engage in de novo
activities (industrial banking; and the sale of
credit life, accident and health insurance) at
a branch office in Tulsa, Oklahoma.
Correction:
**0n H.2 No. 12, the Board reported as permitted:
Patagonia Corporation, Tuscon, Arizona, to retain
de novo activities (acting as a consumer
^ace
company; and acting as insurance agent in connection
with insurance directly related to the extension
of credit to the subsidiary!s borrowers) in Las
Vegas, Nevada, through a subsidiary known as Advance
Mortgage Company of Nevada. The subsidiary name
should have been Advance Loan Company of Nevada.
Withdrawn
On H.2 No. 16, the Board reported receipt of an
application from Berkshire Bancorp Inc., Pittsfield,
Massachusetts, for permission to retain the shares
of 0-T-C Investor Service Corporation, Pittsfield,
Massachusetts and New York, New York. In a letter
dated July 16, 1973, Applicant requested that the
application be withdrawn.

**4 (c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




7-30-73

3-19-73

H.2
1973 No. 31

2

2

2

4

-19To Expand a Bank Holding Company Pursuant to Section
4(c)(12) of the Bank Holding Company Act of 1956
Received
**Warner Communications, New York, New York, notification
of intent to acquire the stock interests of whollyowned subsidiaries of Triangle Financial, Inc.;
the subsidiaries, whose stock is being acquired,
own and operate Cable Television Systems serving
Binghamton, New York; and Lebanon, Pennsylvania.
**Warner Communications, New York, New York, notification
for permission to retain Uris Buildings Corporation,
through its subsidiary, National Kinney Corporation,
New York, New York.
Accelerated
**Warner Communications, New York, New York, permission
to retain Uris Buildings Corporation, through its
subsidiary, National Kinney Corporation, New York,
New York.
Permitted
^Midwestern Fidelity Corporation, Milford, Ohio,
to merge Investors Fidelity Corporation, Birmingham,
Alabama, into its wholly-owned subsidiary, Landdel Corporation, Cincinnati, Ohio.

8- 3-73

7- 5-73

7-25-73

8- 2-73

**4 (c)(8) and 4(c)(12) notifications processsed by Reserve Bank on behalf
of the Board of Governors under delegated authority.